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Kerry Logistics Network Awarded Frost & Sullivan Asia-Pacific Logistics Company of the Year for Seven Consecutive Years

HONG KONG SAR – Media OutReach – 9 November 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) was named the Asia-Pacific Logistics Company of the Year for the seventh time in a row at the 2023 Frost & Sullivan Asia-Pacific Best Practices Awards (the ‘Awards’). The awards ceremony was held in Malaysia on 8 November 2023.

Organised annually by global business consulting firm Frost & Sullivan, the Awards were established to specifically focus on the Asia Pacific region, aiming to celebrate outstanding companies across various sectors. Winners are determined through industry trends analysis and research interviews, based on parameters including revenue growth, market share, leadership, range of products, new customer wins and business/market strategy.

Vic Cheung, Group Managing Director of Kerry Logistics Network, said, “We are again grateful to Frost & Sullivan for the recognition. Winning the title for the seventh consecutive year is a testament to our dedication and consistency, as well as our flexibility and innovation in delivering the most fitting logistics solutions to our customers. In the future, we will stay humble and keep on learning, hoping to further contribute to the global supply chain and facilitate our customers in adapting to the shifts in the logistics landscape.”Hashtag: #KerryLogisticsNetwork

The issuer is solely responsible for the content of this announcement.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.

With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.

Kerry Logistics Network generated a revenue of over HK$86.6 billion in 2022. It is listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.

About Frost & Sullivan Asia Pacific Best Practices Awards

The Frost & Sullivan Asia Pacific Best Practices Awards aim to identify and honour best-in-class companies within their respective industries, based on in-depth interviews, analysis, and extensive secondary research conducted by Frost & Sullivan’s analysts. Companies are typically studied on their revenues, market share, capabilities, and overall contribution to the industry in order to identify best practices.

Mayer Brown to Debut “Inclusion For All” Exhibit at TEDxTinHauWomen Event

Advocating for Inclusion: Breaking Down Barriers for Ethnic Minority Communities & Women in Hong Kong

HONG KONG SAR – Media OutReach – 9 November 2023 – Mayer Brown is proud to be a top tier sponsor of the 2023 TEDxTinHauWomen’s “Two Steps Forward” event, and is collaborating with The Zubin Foundation and City University of Hong Kong to present an “Inclusion For All” exhibit at the event fair to raise awareness around the experiences of ethnic minorities and women in Hong Kong and to encourage inclusion for all.

Through thought-provoking visuals and interactive installations, visitors will gain deeper insights into the importance of inclusivity and the need to break down biases and barriers to support the wellbeing of all members of society. An immersive Virtual Reality programme, developed by City University of Hong Kong, will be part of the interactive exhibit to cultivate an empathetic understanding of the challenges and frustrations faced by ethnic minorities in Hong Kong.

Hong Tran, Employment & Benefits partner of Mayer Brown and Chair of the firm’s Diversity and Inclusion Committee in Asia, said, “Working to build a better community to live and work is important to Mayer Brown, which this year celebrates its 160th Anniversary in Hong Kong. Everyone has a part to play in our community. We consider it an imperative that the voice of our ethnic minority and women be heard. As part of this year’s TEDxTinHauWomen event, Mayer Brown’s “Inclusion For All” exhibit seeks to highlight this part of our community and promote greater inclusion for all.”

Amita Haylock, partner in Mayer Brown’s Asia IP & TMT group and Co-Chair of the firm’s Women’s Network in Asia, said, “Our exhibit aims to foster community awareness and contribute to a more inclusive Hong Kong through visually engaging displays and interactive elements that showcase the diverse experiences and challenges faced by Hong Kong’s ethnic minorities. In particular – to call attention to the women in these communities, remove barriers and build a more comprehensive Hong Kong. Working in collaboration with the event organisers and taking “Two Steps Forward”, we are using immersive technology and personal stories as powerful tools to accelerate the increasing consciousness around diversity and the vital importance of inclusivity for all.”

TEDxTinHauWomen is the longest-standing TEDx event dedicated to women in Hong Kong, and speakers at the event will be sharing their personal stories on a variety of ideas that are pertinent to Hong Kong, aiming to challenge and inspire the audience.

Event details
Date: 14 November 2023 (Tuesday)
Time: Registration starts at 1:00 pm
Venue: The Xiqu Centre – 88 Austin Road West, Tsim Sha Tsui, Kowloon

Since 2021, Mayer Brown has been a committed partner of The Zubin Foundation’s Emerging Talent Internship Programme. To date, 22 interns of ethnic minority background from various programmes led by different non-profit organisations have successfully completed internships at Mayer Brown. Mayer Brown’s commitment to diversity and inclusion continues through various initiatives, including sponsorship of The Amber Foundation’s EMPOWER programme, sponsorship of The Zubin Foundation’s Young Women Scholarship, and providing summer internship opportunities for female ethnic minority law students in partnership with Amber Foundation.

Hashtag: #MayerBrown

The issuer is solely responsible for the content of this announcement.

About Mayer Brown

Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. With extensive reach across four continents, we are the only integrated law firm in the world with approximately 200 lawyers in each of the world’s three largest financial centers—New York, London and Hong Kong—the backbone of the global economy. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry. Our diverse teams of lawyers are recognized by our clients as strategic partners with deep commercial instincts and a commitment to creatively anticipating their needs and delivering excellence in everything we do. Our “one-firm” culture—seamless and integrated across all practices and regions—ensures that our clients receive the best of our knowledge and experience..

Please visit for comprehensive contact information for all Mayer Brown offices.

Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the “Mayer Brown Practices”). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC (“PKWN”) is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. Details of the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website.

© 2023 Mayer Brown. All rights reserved.

Stricter Fiscal Management, Tighter Monetary Policy Key to Sustainable Growth

Lao Economy to Increase by 4 percent, says IMF
Lao Fresh Market in Vientiane Capital. (Photo: seethinkexplore )

PRESS RELEASE by ASEAN+3 Macroeconomic Research Office (AMRO)

Laos’ economy is expected to maintain its recovery from the COVID-19-pandemic in 2023. But currency depreciation and surging inflation are challenges to sustaining the economic recovery. Ensuring tighter discipline in fiscal and monetary policies is essential to re-establish macroeconomic stability.

These conclusions are highlighted in the 2023 Annual Consultation Report on Laos published by the ASEAN+3 Macroeconomic Research Office (AMRO) today. The report is based on AMRO’s Annual Consultation Visit to Laos in May, and data and information available up to July 3.

Economic outlook

The country’s economic growth is projected to accelerate to 4.8 percent this year from 4.4 percent in 2022, bolstered by the service sector. Following the full reopening of borders and the operation of the high-speed Lao-China railway, the tourism and logistics sectors benefited from enhanced connectivity with neighboring countries, especially China. Inflation surged to 23 percent year-on-year in 2022, driven by rising food and fuel prices, and is projected to average about 30 percent in late 2023.

The external balances are expected to improve this year, supported by the recovery of tourism and FDI, on the back of enhanced connectivity and increased business opportunities in renewable energy. The exchange rate depreciated sharply in H1 2022, triggered by an increase in fuel imports and amplified by accelerated currency substitution. Monetary tightening through the issuance of short-term central bank bills to mop up excess liquidity has helped stabilize the exchange rate. Notwithstanding, the currency started to depreciate again in February.

A sustained cut in current expenditure and rebound in revenue led to an improvement in the overall fiscal balance in 2022. The deficit is expected to widen towards the end of the year due to an increase in capital expenditure and a drop in overall revenue due to the absence of one-time licensing fee revenue from the crypto industry and some mining pilot projects. Despite continued improvement in the primary balance, public debt has increased due to the issuance of arrear clearance bonds in 2021 and the recent currency depreciation. 

Risks, vulnerabilities, and challenges

The external environment poses a risk to the economic outlook. A slower than expected recovery in China would weigh on Laos’s growth and external position via lower exports and FDI. Another round of kip depreciation could accelerate inflation and weaken the balance sheets of firms, particularly those with currency mismatches in debt service versus revenue.

The government debt-to-GDP ratio would increase further with renewed kip depreciation. Ongoing arrear clearance could also increase the government’s debt. Continued financial weakness in state-owned companies could impose a fiscal burden on the government.

Pockets of financial vulnerability remain as banks’ impaired loans could be higher. Nonperforming loans could increase upon the withdrawal of regulatory forbearance and/or if restructured loans in the electricity sector were to turn into bad debt. The recent kip depreciation would likely affect the debt servicing capacities of borrowers with foreign currency loans but with earnings in local currency.

Policy recommendations

The central bank should tighten its monetary policy further. The central bank should reduce its credit provision to banks and other sectors in the economy. Issuing BOL bills with high interest rates to mop up liquidity outside the banking sector should be minimized. The central bank should sterilize the liquidity injected from its purchase of arrears-clearance bonds by raising the reserve requirement ratio or issuing BOL bills to the banks.

The authorities are encouraged to adopt market-friendly policy measures to increase the FX supply in the onshore market. The use of FX management measures, which are administrative in nature, should be temporary and time-bound. Policy details should be clearly communicated to the relevant stakeholders in a timely manner. Policy measures to strengthen the banking sector’s soundness should be stepped up.

Ensuring fiscal discipline is crucial to prevent further arrears from recurring. The capital expenditure ceilings introduced to ministries and local governments should be accompanied by rigorous monitoring and enforcement of spending commitments. Furthermore, the authorities should increase efforts to enhance public finance management. 

The authorities should continue their fiscal consolidation efforts by improving revenue mobilization. The VAT rate should be restored to 10 percent. The reform of the state-owned electricity company should be accelerated to repay its debt to the government, which will reduce the risk of government contingent liability. The government should consider raising electricity tariffs to the cost-recovery level for all sectors while providing subsidies to offset the impact on vulnerable groups. Over the long term, the government should consider how to maximize the benefits from the transfer of hydropower assets to the government under the Build-Operate-Transfer scheme to meet their financing needs. 

Structural reforms should be expedited to bolster the momentum toward inclusive and sustainable growth. The transitioning of the Ministry of Industry and Commerce’s SME promotion department to the SME Promotion Agency is a welcome move to strengthen the operations of the existing SME Promotion Fund and to enhance SMEs’ production capacity. The vocational training program should also be reinforced to increase the supply of skilled workers, and business processes should be streamlined.

National Assembly Members Raise Alarms Over Soaring Dropout Rates

National University of Laos (NUOL) (Photo: NUOL)

National Assembly members have raised concerns over the rising school dropout rates and the acute teacher shortage plaguing both Vientiane and rural areas of Laos during the 6th ongoing Ordinary Session of the 9th National Assembly Legislature.

Korean Event Tech Startup EventUs Celebrates Successful Global Debut Event in Singapore

Hosts 40 Singapore MICE/Tourism Industry Officials; Signs MoU with Singapore Partner

SINGAPORE – Media OutReach – 9 November 2023 – Korean event tech startup EventUs announces the successful hosting of the SG-KR MICE Tourism Networking Dinner event, held in Singapore on October 31, 2023. The event, hosted by EventUs, took place at the stunning DuoTower Spectrum in Singapore from 7 PM to 10 PM and brought together 40 esteemed professionals from Singapore’s MICE (Meetings, Incentives, Conventions, and Exhibitions) and tourism industry, including representatives from Singapore Association of Convention & Exhibition Organisers & Suppliers (SACEOS).

EventUs.jpeg

EventUs showcased its innovative and efficient event management solutions, offering a seamless experience for participants. Their global service encompassed everything from event participant recruitment to on-site QR check-in, name tag printing, interactive survival quizzes, and exciting prize drawings.

Singapore MICE industry representatives who attended the event expressed their admiration for EventUs, mentioning its user-friendly interface and quiz and prize drawing features that ensured a smooth and enjoyable experience.

This event marks a significant milestone for EventUs as it marks the Korean company’s global debut. During the event, EventUs also signed a Memorandum of Understanding (MOU) with a local partner in Singapore, paving the way for the startup to launch its services in the Singaporean market. As part of its expansion plans, EventUs will introduce paid event services to cater to local customer events in Singapore starting in November.

Ahn Young-hak, CEO of EventUs, shared his insights, “Singapore is renowned for hosting numerous global business events in Asia. Hence, it was our logical choice for our first foray into expanding within the Asian market, which is 72 times larger than Korea. We are committed to enhancing our global services, providing tailored solutions not only for Singapore but also for global events hosted in Korea.”

EventUs offers an all-in-one event tech platform that streamlines the event management process from participant recruitment, event promotion, and on-site operations to post-event follow-up management, all driven by data-based decision-making to optimize return on investment. Over the past year, EventUs has successfully facilitated over 14,000 events, ranging from government ministries, local authorities, and major domestic and international corporations to startups, attracting over 490,000 participants.

Hashtag: #EventUs

The issuer is solely responsible for the content of this announcement.

About EventUs

EventUs is a pioneering Korean event tech startup offering a comprehensive event management platform that simplifies the event organization process and enhances the ROI through data-driven decision-making. With a commitment to excellence, EventUs has facilitated thousands of successful events, serving a diverse clientele and bringing innovative solutions to the global events industry.

Citibank Announces 2023 Citi Tax Season Loan Annualized Percentage Rate as low as 1.78% [1]

HONG KONG SAR – Media OutReach – 9 November 2023 – Citibank announces the launch of 2023 Citi Tax Season Loan, available for same day approval and same day loan disbursement [2]. Selected customers can enjoy Annualized Percentage Rate (“APR”) as low as 1.78% [1]. Upon successful application of 2023 Citi Tax Season Loan during promotion period, customers can enjoy up to HK$8,000 cash coupon reward [3].

Features of Citi Tax Season Loan

  • Same day approval and same day loan disbursement [2]
  • APR as low as 1.78% [1]
  • Loan amount up to HK$3,500,000 or 12 times of monthly salary, whichever is lower
  • Repayment term up to 60 months [4]
  • Enjoy up to HK8,000 cash coupon reward [3]
  • HK$0 handling fee

Eligible customers [5] who successfully apply for the Citi Tax Season Loan from today to December 31, 2023 and drawdown a specific loan amount with a repayment term of 12 months or above on or before January 14, 2024 can enjoy up to HK$8,000 cash coupon reward [3]. The higher the loan amount, the more cash coupon rewards there will be. Please refer to the table below for details:

Loan Amount (HK$) Repayment Term Cash Coupon Reward (HK$)
Citigold Private Client (CPC)/ Citigold / Citi ULTIMA cardholders [6] Other customers
$1,500,000
or above
24 months above $8,000 $4,000
12 to 24 months $4,000 $2,000
$800,000
to $1,499,999
24 months above $4,000 $2,500
12 to 24 months $2,500 $1,500
$400,000
to $799,999
24 months above $2,000 $1,500
12 to 24 months $1,500 $1,000
$100,000
to $399,999
24 months above $700 $600
12 to 24 months $500 $400

Terms and conditions of Citi Tax Season Loan apply. Please visit www.citibank.com.hk/taxloan , Citi Mobile® App, Citibank branches or call 2963 6413 to apply.

In additional to the tax loan offer, Citibank also launches Pay tax and get up to HK$500 Spending Rebate Promotion. Customers can enjoy up to HK$500 rebate by paying tax through Citi PayAll or Citi Online Banking with designated Citi Credit Cards [7] to reach designated tax payment amount [8] and accumulating retail spending of HK$3,000[9] from November 1, 2023 to February 29, 2024.

Accumulated tax payment amount
via Citi PayAll or Citi Online Banking (HK$)
Rebate entitled (HK$)
$50,001 – $100,000 $100
$100,001 – $200,000 $250
> $200,000 $500

‘Pay tax and get up to HK$500 Spending Rebate Promotion’ is subject to relevant terms and conditions. For details and registration, please visit: citibank.hk/pay-tax23.

To borrow or not to borrow? Borrow only if you can repay!

Terms and conditions:

[1] The Annualized Percentage Rate (“APR”) of as low as 1.78% is calculated based on the monthly flat rate 0.080% with loan amount of HK$1,500,000 and repayment tenor of 12 months. APR is calculated based on the guidelines as set out in the Code of Banking Practice and rounded up to the nearest two decimal places. Interest is calculated on the basis of 365 days per year. The actual APR applicable may differ, which is to be considered on a case-by-case basis in accordance with customer’s profile. An APR is a reference rate which includes the basic interest rate and other fees and charges of a product expressed as an annualized rate.

[2] Same day approval and same day loan disbursement is only applicable to selected customers who successfully submit the required documents together with a filled in application form before 10am of that working day (Monday to Friday). Actual approval and loan disbursement time may differ based on the information provided.

[3] A cash coupon redemption letter (if applicable) will be mailed to the Eligible Customers’ Hong Kong correspondence address according to The Bank’s record on or before March 31, 2024.Only applicable to customers who do not hold any Personal Loan account offered by Citibank (Hong Kong) Limited at the time of application.

[4] Citi Tax Season Loan’s repayment term is from 6 to 60 months.

[5] Citibank Personal Loan account of Eligible Customers must be valid and in good condition without any late payment or early repayment, otherwise The Bank reserves the right to forfeit the eligibility of an Eligible Customer to participate in this promotion and the Eligible Customer shall immediately repay to The Bank full amount of Reward under this promotion.

[6] The Offer for Citigold Private Client/ Citigold Client or Citi ULTIMA cardholder is only applicable to the applicant who fulfill the following requirement from the date of application to the issue date of redemption letter (both dates inclusive):

– Citigold Private Client should maintain the account balance at HK$8,000,000 or above, Citigold Client should maintain the account balance at HK$1,500,000 or above and Citi ULTIMA cardholder needs to hold the Citi ULTIMA card.

[7] Designated Citi Credit Cards include Citi Prestige Card, Citi PremierMiles Card, Citi Cash Back Card, Citi The Club Credit Card, Citi Rewards Card, Citi Rewards UnionPay Card, Citi HKTVmall Card, Citi Octopus Card, Citi Plus® Credit Card and Citi Clear Card. Citi PayAll is not applicable to Citi Rewards UnionPay Card.

[8] This Promotion is only applicable to the Eligible Retail Transactions and the payment of Salaries Tax for the 2022/2023 tax year made with any Eligible Card accounts during the Promotion Period (“Tax Payment”). Payments for Tax Reserve Certificates, Business Registration or Stamp Duty are not applicable.

[9] For definitions of Eligible Retail Transactions and Ineligible retail transactions, please refer to citibank.hk/pay-tax23

[10] In the event of discrepancy or inconsistency between this English version of the terms and conditions and the Chinese version, the English version shall prevail.

Hashtag: #花旗銀行

The issuer is solely responsible for the content of this announcement.

Moomoo Singapore is Best Retail Broker in Singapore

  • Receives Best Retail Broker award at SIAS Investors’ Choice Awards Dinner
  • Finalist for the Singapore Fintech Festival Global Fintech Awards

SINGAPORE – Media OutReach – 9 November 2023 – Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) is pleased to be named the Best Retail Broker in Singapore by the Securities Investors Association (Singapore)(“SIAS”) .

Caption

Mr Gavin Chia, CEO of Moomoo Singapore, received the award from Guest of Honour, Ms. Grace Fu, Minister for Sustainability and the Environment, at the SIAS Investors’ Choice Awards Dinner on Wednesday, 8 November 2023.

Moomoo Singapore was selected as the winner following research commissioned by SIAS and conducted by Singapore Management University and global financial services market research firm Investment Trends.

“We are delighted to be named the Best Retail Broker in Singapore. This award is testament to our hard work in delivering the best investment platform and investing experience for our clients,” Chia said.

“Our user base now stands at more than 800,000 strong, or 1 in 4 Singapore residents. But we are not resting on our laurels. We will continue to work hard to serve you well,” he added.

Finalist for the Singapore Fintech Festival Global Fintech Awards

In addition, Moomoo Singapore has been named as a finalist in the Thematic Artificial Intelligence category for the Singapore Fintech Festival (SFF) Global Fintech Awards 2023.

Organised by the Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA), the prestigious Awards seek to recognise innovative Fintech solutions by corporates and individuals that have been instrumental in transforming Fintech industry practices and spearheading the use of new technologies in creating new growth opportunities, promoting financial inclusion and enhancing the delivery of financial services.

“We are proud to be a finalist for the SFF Global Fintech Awards. As a digitalized investment platform, technology is at the core of everything we do. We firmly believe in the power of technology to transform the investment landscape and empower our users to achieve financial resilience,” Chia said.

“Our easy-to-use tech features are designed to help the everyday investor trade and make more informed investment decisions. We will continue to enhance and add new features to help our users navigate what can be a difficult investment journey,” he added.

Tech as our DNA

As a next-generation digital brokerage, Moomoo Singapore recognises the importance of providing retail investors with access to the same information that was once only available to high net-worth individuals and institutional investors.

Today, moomoo offers a whole range of tech features on its platform. They include:

  1. Industry Chain – Helps investors gain an intuitive and comprehensive understanding of upstream and downstream industries by mapping the industrial chains of HK stocks, US stocks, and A-shares with its knowledge mapping algorithm.
  2. Institutional Tracker – Investors can see their favourite institutions such as Berkshire, Soros, or Ark Investment, as well as the stocks that these institutions are holding. This allows them to mimic the movements of the trading strategies of these institutions.
  3. Advanced Stock Screener – Contains more than 100 advanced stock screening indicators, making it the most comprehensive stock screener on the market with low latency and real-time calculations.
  4. Patented charting tools – With 38 drawing tools and more than 60 technical indicators, as well as real-time data, users can draw lines and shapes on charts, facilitating price movement analysis, pattern recognition, and identification of potential market opportunities from the convenience of their mobile devices — anytime and anywhere.

“Our objective is to empower the everyday man and woman with the necessary tools and resources to attain financial independence. By disrupting the traditional investment industry with high-end technology and offering retail investors accessibility, Moomoo Singapore is bridging the gap between investors, companies and institutions,” added Mr Chia.

Hashtag: #MoomooSingapore

The issuer is solely responsible for the content of this announcement.

About Moomoo Financial Singapore

Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) is an advanced financial technology company transforming the investing experience by offering a digitalised brokerage and wealth management platform – Moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds an unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

In Singapore, Moomoo Financial Singapore Pte. Ltd. (www.moomoo.com/sg) offers investment products for trading via the Moomoo platform, and it is a capital markets services licence holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000). In June 2022, Moomoo

Respond.io Clinches Malaysia’s Leading AI Driven Omnichannel Marketing Award

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 November 2023 – Respond.io, a pioneering customer conversation management software, won the Malaysia’s Leading AI Driven Omnichannel Marketing award during the Malaysian Digital Expo (MDX) 2023 Awards Night. This award reflects respond.io‘s leadership in using artificial intelligence to deliver cutting-edge solutions that enhance customer experiences and drive omnichannel marketing results.

Respond.io CEO, Gerardo Salandra, accepts Malaysia’s Leading AI Driven Omnichannel Marketing Award at the MDX Award Night 2023
Respond.io CEO, Gerardo Salandra, accepts Malaysia’s Leading AI Driven Omnichannel Marketing Award at the MDX Award Night 2023

This was one of 37 tech-related awards presented by the Malaysian Digital Economy Corporation (MDEC) during the MDX Awards Night, recognizing industry leaders for their exceptional growth, innovation and contributions to Malaysia’s digital economy.

Respond.io has made great strides to further the Malaysian digital economy, especially in AI technologies, and push the boundaries of customer engagement. This award is a significant milestone in our pursuit of a future where every digital interaction is transformed into a meaningful conversation. It fuels our drive to continue pioneering AI in this category, serving as a catalyst for the company’s future endeavors,” remarked respond.io CEO Gerardo Salandra.

MDX 2023, organized by MDEC, is a six-week-long series of technology events in Malaysia from September 25 to November 8, 2023. It is a platform to showcase the best and most innovative companies in Malaysia to the world.

By highlighting the sophistication of the country’s tech ecosystem, the expo acts as the gateway for companies looking to place a foothold in or expand into Southeast Asia and beyond.

The expo culminated in a three-day grand finale from November 6 to 8, 2023, comprising conferences, exhibitions and business matching sessions. It concluded with the MDX Awards Night and gala dinner, celebrating and advancing Malaysia’s digital aspirations.

The ceremony was attended by key figures from Malaysia’s tech industry and high-ranking government officials, including the Minister of Communications and Digital, Fahmi Fadzil, and the CEO of MDEC, Mahadhir Aziz.
Hashtag: #respondio #MDEC #AIsolution #MDXaward




The issuer is solely responsible for the content of this announcement.

About respond.io

is an AI-powered customer conversation management software that enables teams of all sizes to respond to messages on any channel from a centralized dashboard. Its advanced chat automation, flexible integrations and comprehensive reporting facilitate efficient operations and great customer experiences at scale. The platform is trusted by over 10,000 brands across 86 countries, including British Airways, Toyota, Decathlon, Roche and Klook.

In 2022, raised $7 million in Series A funding, led by Headline Asia, and achieved the prestigious status of a WhatsApp Business Solution Provider (BSP) in April 2023. From its headquarters in Malaysia, continues to innovate and advance the future of customer conversations.